July core CPI up 2.4 yryr, above BOJ target for fourth month Excluding sales tax effects, CPI gain fastest since Dec 2014 Index excluding energy also perks up as price pressure broadens TOKYO, Aug 19 Reuters Japan39;s core consumer inflation accelerated in July to its fastest in sevenandahalf years, driven by fuel and raw material […]

Real action will be seen from next week Tokyo dealer Hong Kong, Singapore see quiet week for demand Many traders moving towards silver Mumbaibased dealer Aug 19 Reuters Gold demand in India improved this week as a drop in domestic prices to a more than twoweek low allowed dealers to reduce discounts, while volumes were […]

MUMBAI, Aug 18 Reuters Inflation in India may still require a monetary policy response going forward as it remains above the target range even though it has eased in recent months, the Reserve Bank of India said on Thursday. In India, supply conditions are improving, with the recent monsoon pickup, strong momentum in manufacturing and […]

LONDON, Aug 17 Reuters The European Central Bank ECB said on Wednesday it would harmonise how banks offer cryptoassets to ensure they have enough capital and expertise in a sector some European Union lawmakers have described as the Wild West. Several crypto companies like Binance and Crypto.com have been authorised in EU countries such as […]

MUMBAI, Aug 17 Reuters India39;s silver imports are set to triple in 2022 from a year ago to record highs after a dip in prices to 2year lows spurred investors to bet that the metal was primed for a rebound and could outperform gold in the coming years. Higher demand in India, the world39;s biggest […]

NEW DELHI, Aug 16 Reuters India39;s wholesale inflation rose 13.93 in July from a year earlier, helped by a lower increase in food prices, but it stayed in double digits for a 16th month, amid expectations that the central bank will again raise policy rates next month. In July, wholesale prices indexbased inflation, which is […]

Yields and acreage sown to crops down in Sri Lanka Lack of fertiliser and fuel hampers harvest and planning Rural community already under pressure, fears for next crop Country in throes of economic crisis, currency reserves low KILINOCHCHICOLOMBO, Sri Lanka, Aug 16 Reuters Nallathambi Mahendran walked through his four acres of emerald green paddy fields […]

Inflation, expected increases in energy costs hit morale But expectations for financial sector improve German economy stagnated in Q2 Finance minister has said economy is fragile BERLIN, Aug 16 Reuters German investor sentiment fell slightly in August on concerns the rising cost of living will hit private consumption, and suggesting Europe39;s largest economy is tipping […]

LONDON, Aug 17 Reuters British consumer price inflation is likely to peak at an annual rate above 15 in the first three months of next year unless there are government measures to lower prices, economists at U.S. bank Citi forecast on Wednesday. Earlier on Wednesday, official figures showed CPI hit 10.1 in July, above all […]

LONDON, Aug 17 Reuters British house prices rose in June by 7.8 in annual terms, the weakest increase since July last year, which was immediately after the scaling back of a COVID19 emergency tax break for housebuyers, official data showed on Wednesday. June39;s increase represented a sharp slowdown from May39;s 12.8 annual jump in prices. […]